241 Blue Heron Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 4, 2023 | Listed by Century 21 Realty Partners | $850,000 | |
| Listed by Century 21 Realty Partners | |||
| | |||
|
Welcome to your new waterfront home in Blue Heron Bay, a small gated community on Lake Conroe. Your home sits on a beautiful cove with easy access to the main part of the lake. Home features 3 bedrooms w/all full baths and a home office. Spacious open floor plan with living area, dining and kitchen that all have views of the lake. Dining area w/built ins, large kitchen island & cabinet lighting. Spacious utility room w/sink. Garage is huge with built in work bench, room for storing a boat, golf cart, and more. Walkup stairs provides easy access to attic. The outdoor kitchen has built in fireplace, large covered patio, ceiling fans, plenty of counter space, sink and storage. Extra features: 55 piers, water softener, wheelchair accessible, wrought iron fenced back yard, sidewalk to your boat slip with lift and only a short boat ride to the main lake. Fishing is great right off you dock. Also close to many eateries, shopping & sought after Montgomery ISD. This is Lake Life at it best!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017